Volvo Cars expects to begin exports from its newly-built Daqing car assembly plant in China's Heilongjiang province in May.
Yan Shiying, the plant's spokesman, told local reporters the company is currently arranging for dealers in Europe, the US and across Asia-Pacific to visit the plant to kick start the export drive.
The plant's current capacity is 80,000 vehicles per year. It began production of the S90 passenger car range last November and it is already on sale in China. The car is fitted with advanced features including Volvo's Pilot Assist – a system that helps keep the car aligned with motorway lane markings at speeds of up to 80mph (120km/h).
Volvo Cars currently has two plants in China, in Daqing and in the southern Chinese city of Chendu. A third plant is under construction in Zhejiang province.
The company, which was acquired by Zhejiang Geely Holding Group in 2010, sold 534,332 vehicles worldwide last year – including 99,030 in China.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData